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Shares of Condor Resources surge ahead of drilling at Nicaragua’s La India

Friday, January 28, 2011

Shares in Condor Resources soared 30 percent after the Central America-focused explorer announced that drilling in the La India concession in Nicaragua will commence within a few days.

Condor has contracted a diamond drill rig, which has now arrived on site to drill 2,000 metres of core with an option for a further 3,000 metres.

The initial drill holes aim to extend the inferred resource along strike on four of the principal veins, and also to infill gaps between resource blocks.

Original source: Proactive Investors